RUNNYMEDE, STARGATE LANE, RYTON, NE40 3DU - £184,550

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RUNNYMEDE is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £184,550 in October 2017, which was around 20% below the average October 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

RUNNYMEDE Sold Prices

Land registry data shows two sales for RUNNYMEDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two RUNNYMEDE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 27 OCT	£184,550	£231,142	20% below HPI
1999 17 SEP	£51,000	£81,766	38% below HPI

RUNNYMEDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two RUNNYMEDE sales from September 1999 and October 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 1999 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is RUNNYMEDE?

RUNNYMEDE is 77m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where RUNNYMEDE lies on this distribution: 10% of detached houses are smaller than RUNNYMEDE, and 90% of houses are larger. Note that EPC data is not available for all properties in Ryton.

RUNNYMEDE: Plot and Title Map

RUNNYMEDE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of RUNNYMEDE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of RUNNYMEDE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is RUNNYMEDE?

RUNNYMEDE is located on STARGATE LANE in RYTON, in the NE40 postcode district. The below map shows the position of RUNNYMEDE on STARGATE LANE.